Gemalto was chosen for the UNFCU’s globally compliant payment card launch

As it has become known today, Gemalto has been chosen by the United Nations Federal Credit Union (UNFCU) to deliver the first US issued, globally compliant microprocessor payment card.

UNFCU appeared to become the first US card issuer to provide a globally compliant payment card option to their members.

As Gemalto stated, UNFCU recognized the need of their members, who reside and frequently travel to more than 210 countries and territories, to have a more convenient and secure payment option when traveling internationally.

Owing to collaboration with Gemalto UNFCU will get an ability to deliver a globally compliant Europay MasterCard Visa (EMV) standard-based Dynamic Data Authentication (DDA) contact and contactless dual interface card that can be used anytime – anywhere their members travel.

UNFCU confessed Gemalto is able to ensures the best possible experience for union’s cardholders thanks to company’s expertise in payment process integration and their ability to provide all of the associated services, such as the SMS-based PIN reminder service if a cardholder forgets their PIN, and the global emergency card replacement service if the card is lost or stolen.

The Union is expected to launch the program in the second half of 2010.